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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (25744)	4/26/1999 7:39:00 AM
From: Jerry Olson	Respond to of 50167

Morning GZ... I was thinking about the worldwide turn around in eco terms, and the speed at which it's happened...in fact it astonishing to say the least.. Brazil, was just down the toilet, and now there was so much demand for their bond issue it was 6 Billion over subscribed at about 11%... what with oil prices up a bit, helping those countries survive that precipitous fall to 10 bucks, that's actually good news... this market can tolerate $20 oil anytime...it's cheap...not inflationary at all... and now Asia, the original culprit, that started this currency fiasco, is begining to emerge from near collapse..South Korea is rolling at breakneck speed...Japan will come around at some point as they move from the old school thinking to modern AG & Rubin's policies.. an then Europe, will beneifit from the Euro at some point, but all things being equal..the World is doing better, because of technology, and increased productivity, without inflation...and much lower interest rates.... yeah this is Goldilocks at her best... i'm very bullish about the current technicals of the market, and feel all dips should be bought aggressively....as witnessed by the selloff in the nets and then an incredible buying surge right back in 2-3 days.. it seems these selloffs are so compressed, it's like watching,black & white moviesof Charley Chaplin....:>}